Pre-Market Pulse 6th February – Rising bond yields spoil the record run party
An pressured by a McDonald’s-driven wobble in consumer stocks and jump in Treasury yields after Chairman Jerome Powell shackled hopes of a sooner interest rate cut.
Pre-Market Pulse
Pre-Market Pulse 5th February – Meta Platforms rally drives tech higher, despite strong jobs data
An extreme rally in Meta platform (Facebook) stoked bullish bets on big tech even as a blowout jobs report muddied the Federal Reserve rate-cut outlook.
Pre-Market Pulse 2nd February – Tech bounces back on earnings, Uranium shortage deepens
Tech investors ignored the Fed’s warnings of “higher rates for longer” and bought the dip overnight leading into 16% of the S&P500 delivering earnings after the bell. Meanwhile uranium investors rejoiced at 17-year highs as the worlds biggest producer, Kazatomprom, flagged a 20% reduction in forecasted production leaving a 5% supply gap.
Pre-Market Pulse 1st February – Powell delivers knock-out blow to March cuts, leaving tech stocks on the canvas
Tech stocks led the market lower as the Federal Reserve’s chairman Jerome Powell said it was unlikely that the Fed would cut rates in March, dealing a blow to hopes for sooner rate cut that added fuel to the tech-led selloff.
Pre-Market Pulse 31st January – Big Tech beat analysts expectations, but not the markets
Stocks were mixed leading into Mega Cap earnings from Microsoft and Google which were released after the bell as continued strength in the labour market relieved pressure on the Fed to bring forward rate cuts
Pre-Market Pulse 30th January – Magnificent 7 flex muscles ahead of earnings and Fed
Stocks climbed overnight as investors added to bullish bets on tech ahead of earnings from several mega-cap tech companies, with key macro-economic events including Federal Reserve policy-setting meeting and monthly jobs report due later this week
Pre-Market Pulse 29th January – Disappointing Intel results end S&P500’s record run
Stocks fell away from record highs Friday, ending their five-day record run, though still ended the week in positive even as Intel’s slump left a dent in big tech.
Pre-Market Pulse 26th January – Rate cut hopes take another hit as US GDP posts stronger than expected growth
Stocks closed at record levels for the fifth-straight session Thursday as investors mulled mostly upbeat corporate earnings
Pre-Market Pulse 25th January – New highs again as Investor selective hearing fuels misguided optimism
Stocks continued their record run Wednesday, as a surge Netflix underpinned an ongoing melt up in tech
Pre-Market Pulse 24th January – Rally continues on tech strength
The S&P 500 closed at a new all-time high for the third-straight session Tuesday as bullish bets on tech continued to power stocks.
Pre-Market Pulse 23rd January – Big Tech drags market to new record highs ahead of earnings
Equities settled at new record highs overnight, as bullish bets on tech continued ahead of busy week of corporate earnings and key economic data.
Pre-Market Pulse 22nd January – Chipmakers drive market to record highs
Equities posted a record high close on Friday for the first time in two years, fueled by a rally in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.